The New York Times

Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation (opens in new tab)

Covered by 4 sources including Engadget, The GuardianDiscussed on Hacker News

The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.

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Covered in 4 articles

Spain blocks Polymarket and Kalshi as it investigates prediction market platforms

‘You can bet on it’: Utah lawmakers form united front in push to ban prediction markets

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Wisdom of the Few? Prediction Markets Are Driven by a Small Number of Skilled Traders